LCY 0.00% 1.3¢ legacy iron ore limited

what's your guess on nmdc deal, page-27

  1. 5,885 Posts.
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    "This information and various recommendations by the independent experts, has now been presented to the NMDC board for their review in determining an offer to table to the Legacy Board for its consideration." + Recent management restructure + Proactive saying 30c minimum + NMDC saying in the news they will buy LCY for sure with $500m in their budget + NMDC saying they want to expand =

    $70m offer plus something sweet to top it off like a promise of cheap credit if/when needed or a promise to buy the ore at a minimum price or something.

    That's big enough to get a yes for sure,it's big enough to do everything they want to do, it matches the expectations that Sharon has implanted in us, it matches LCY's confidence... everything.
 
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